A digital solution designed to enhance operational efficiency, data accessibility, and service delivery for custodians in the Nigerian capital market has been introduced by the Central Securities Clearing System (CSCS) Plc.
The platform, known as Custodian Portal, provides advanced features like real-time portfolio tracking, document and share transfer management, client symbol search, and comprehensive data access.
It also supports flexible payment integration through platforms like GTPay and Paystack, and allows users to download reports in PDF and Excel formats.
It was also designed with a subscription-based model, enhancing user experience through features like inbox messaging, request tracking, stock movement monitoring across specific date ranges, and robust user management including role-based access and activity status tracking.
The chief executive of the organisation, Mr Haruna Jalo-Waziri, disclosed that the portal offers a secure, user-centric experience for managing portfolio and trade operations across Nigeria’s capital market.
“This portal represents a major step forward in our commitment to digital transformation. It centralises key processes and empowers custodians with the tools to manage records securely, efficiently, and in real time. We are confident it will improve transparency and streamline workflows across the market,” he was quoted as saying in a statement on Monday.
Also commenting, the Divisional Head of Business Technology and Digital Innovation at CSCS, Mr Tobe Nnadozie, noted that the platform is a part of a broader omnichannel automation strategy, integrating API services and market-wide workflow systems to ensure secure communication and approvals among all major capital market stakeholders.
He assured that the portal is fortified with industry-leading cybersecurity infrastructure and is backed by CSCS’s Security Operations Center (SOC).
It was stated that the introduction of the Custodian Portal underscores CSCS’s strategic commitment to digital innovation, aiming to modernise back-office functions, promote standardisation, and support a more agile, data-driven capital market ecosystem.
With all custodians in Nigeria’s capital market now fully onboarded, the portal marks a significant milestone in the company’s mission to drive digital adoption, enhance collaboration, and optimise infrastructure efficiency across the capital market.